The analysts forecast the global talent management software market to grow at a CAGR of 9.87% during the period 2016-2020.
Talent management software provides a complete set of tools to automate, monitor, and analyze human resource (HR) functions efficiently in an organization. It enhances the likelihood of the HR department to attract skilled workers, integrate new workers, and retain them for future business demands, which, in turn, shifts the responsibility from the HR department to managers in an organization. Talent management software has become an integral part of the HR software applications. It aids in the efficient functioning of the HR team in workforce planning, talent acquisition, performance and succession management, and learning and development of the employees. It also assists organizations to establish critical corporate goals in alignment with their employees.
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Covered in this report
The report covers the present scenario and the growth prospects of the global talent management software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of talent management software licenses, installation and implementation, training, maintenance, and subscriptions.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Talent Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Cornerstone OnDemand
• Halogen Software
• Lumesse
• SAP SuccessFactors
• Oracle
Other prominent vendors
• Acendre
• BambooHR
• Infor
• Performly
• PeopleFluent
• Ultimate
• Vector Capital
• Willis Towers Watson
• Workday
Market driver
• Increased demand for SaaS-based talent management software.
• For a full, detailed list, view our report
Market challenge
• Lack of skilled professionals to operate talent management software.
• For a full, detailed list, view our report
Market trend
• Proliferation of mobile devices and increased use of mobile apps in talent management.
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
• Overview of numbers
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
PART 06: Market developments
• Increase in outsourcing of talent acquisition process
• Emergence of m-acquisition
• Emergence of varied types of software
• Emergence of online recruitment channels
• Replacing traditional appraisal process with new approach
• Future of performance management and reviews
• Crowdsourced performance review
PART 07: Market size and forecast
• Global talent management software market
PART 08: Market segmentation by deployment model
• Global talent management software market by deployment model
PART 09: Geographical segmentation
• Talent management software market by geography
• Talent management software market in Americas
• Talent management software market in EMEA
• Talent management software market in APAC
PART 10: Market drivers
• Increased demand for automated recruitment processes
• Growing need for cost-effective software solutions
• High importance of 360-degree feedback
• Increased demand for SaaS-based talent management software
PART 11: Impact of drivers
PART 12: Market challenges
• Lack of skilled professionals to operate talent management software
• Threat from open-source talent management software
• Data security and privacy concerns
• High implementation and maintenance costs
PART 13: Impact of drivers and challenges
• Impact of drivers and challenges
PART 14: Market trends
• Proliferation of mobile devices and increased use of mobile apps in talent management
• Increasing use of social media
• Integration of talent management software with analytics tools
• Emergence of video tools
PART 15: Impact of trends
• Impact of trends
PART 16: Buying criteria
• Buying criteria
Continue…….
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